Minnesota
Minneapolis
1429 Logan Avenue N

$269,900

1429 Logan Avenue N, Minneapolis, MN 55411

1,908 sqft

Duplex
Built in 1912
5,227sqft lot
1 car garage
$141/sqft
Listed 19 days ago

Property Description

Own cheaper than rent! Excellent investment opportunity or ideal for an owner-occupant! This up/down duplex in North Minneapolis sits on a desirable corner lot and offers strong, consistent cash flow with income exceeding the 1% rule. The property holds a Tier 1 rental license and boasts a strong rental history, making it a smart addition to any portfolio. The spacious main-level unit is vacant and move-in ready, featuring 3 bedrooms, 1 bathroom, and newly refinished hardwood flooring. It previously rented for $1,600/month and is ready to show immediately. The upper-level unit includes 3 bedrooms and 1 bathroom, currently rented month-to-month at $1,600/month. Each unit has separate utilities with the tenants paying their own gas and electric. Owner pays trash, water and sewer, and provides lawn care. Recent updates include a new roof in 2024, fresh exterior paint in 2024, and new entry doors in 2025. A tuck-under one-car garage is great for extra storage along with the large unfinished basement. Whether you're looking to live in one unit and rent the other or fully lease both, this duplex has excellent income potential in a growing area!

Listing Status:: Active
Listing Office:: Coldwell Banker Realty : 952-432-7200
MLS ID:: 6741145

Basement: FullUnfinished
Heating: Hot Water

This listing courtesy of Coldwell Banker Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Bethune Elementary School

919 Emerson Ave N, Minneapolis, MN, 55411

Grades PK-5

0.61 miles away

Minneapolis on Line Learning

1250 W Broadway Ave, Minneapolis, MN, 55411

Grades 7-12

0.50 miles away

North High School

1500 James Ave N, Minneapolis, MN, 55411

Grades 9-12

0.16 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.